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LOGISTIC CENTER - SOFIA, BULGARIA is looking for Investor {ROI = more 30%}
Location:
The Logistic center will be located on the blvd "Slivnitza" an extension after the ring road to the northwest in city Sofia, Bulgaria. Logistic center is envisaged to be built on private land
with an area of 5504 square meters. The terrain is a plot with regular shape facing the road 80 meters and is located on the main road E80, which is a continuation on blvd "Slivnitza"
after the ring road to the northwest from city Sofia to checkpoint - Kalotina for Serbia. This is the - short and fast transport corridor from South East Europe and Asia to Western Europe.
The Logistic center will be built in fast developing area that already has built many administrative financial buildings of large companies and official representative offices of foreign
companies in Bulgaria in different spheres, namely:
"Automotor Corporation" - official representative and importer of CITROEN - France for Bulgaria;
IVECO Cheffin – Italy - official representative and importer of vehicles IVECO brand for Bulgaria;
"MVB Truck & Bus Bulgaria" AD - official importer and distributor for Bulgaria of trucks and buses "MAN" - Germany and NEOPLAN - Holland;
METRO - cash and cary - Germany - trade in fast moving food and other products;
"TECHNOMARKET" AD - Bulgaria - retail chain for home appliances, official importer and distributor for Bulgaria of the brand Samsung, Panasonic and others;
Aiko - Bulgaria - salon furniture and equipment for the home and office with retail chain in the country;
Petrol station LUK OIL;
"Porsche West" - official representative and importer of vehicles of the VW & AUDI;
CATERPILLAR Bulgaria - importer and representative of road construction machinery, heavy manufacturing, etc.;
SCHENKER Bulgaria - International freight forwarding company;
Many smaller manufacturers and trading companies;
The area, which will be located Logistics center has a quick transport locations (E80) from a central part of Sofia, and a ring road that links with the international major roads for the
Hellenic Republic, the Republic of Turkey, Serbia and Macedonia.
Description of the Logistics Center (LC):
The logistics center will be a modern architectural building developed and designed to meet today's demands and needs of businesses and people. The LC will provided 30 parking spaces for cars of visitors. Also provided is access for trucks (TIR) input-output for certain stay of TIR vehicles. In the northern part of LC will be established loading - unloading ramp for simultaneous processing of 4 trucks. Office areas will be made with suspended glass facade and lined with modern materials and plasters, and inside the office area will be granite tiles, PVC or aluminum windows, interior doors MFD and high grade plasters luxurious common areas and elevators, video surveillance and security 24h. / 7 days a week, class 5E cabling, central air conditioning and heating, USB, phone, internet, own generator to provide power supply in case of accidents.
Technical Specifications of Logistic center:
2.1. Office Area on 3 levels with a total built-up area – 2 595 sq. m.;
2.2. Commercial / Trade areas on level 0, area – 1 450 sq. m. ;
2.3. Storage areas on 3 levels with a total built-up area – 5 930 sq. m. ;
2.4. Underground parking spaces level with the area - 910 sq. m. ;
Financing plan:
3.1. Financial plan with the sale of 100% of LC and further management:
1.1.1. Sales revenue by types of areas:
- Storage areas - 630 euro / sq. m. without vat;
- Office area - 810 euro / sq. m. without vat;
- Commercial spaces - 945 euro / sq. m. without vat;
- Underground parking - 445 euro / sq. m. without vat;
1.1.2. Revenue from year Maintenance fee by types of spaces:
- Commercial spaces - - 5 euro / sq. m. without vat;
- Office areas - 2.5 euro / sq. m. without vat;
- Storage areas and underground parking spaces - 1,5 euro / sq. m. without vat;
- Revenue from maintenance fees for one year after the sale of 100% (4th and 5th year) - increased by 10% for each subsequent year;
|
Year |
1 |
2 |
3 |
Total |
4 |
5 |
|
Sales / Мaintenance fee |
0 |
0 |
7 664 43 0 +24 010= 7 688 440 |
7 688 44 0 |
26 41 0 |
29 05 0 |
|
Less:Cost of Sales |
0 |
0 |
3 300 000+363 000= 3 663 000 |
3 663 00 0 |
0 |
0 |
|
Gross Profit |
0 |
0 |
4 025 44 0 |
4 025 44 0 |
26 41 0 |
29 05 0 |
|
Less:Overhead |
0 |
0 |
327 000 |
327 00 0 |
19 50 0 |
19 50 0 |
|
Net profit before tax |
0 |
0 |
3 698 440 |
3 698 440 |
6 910 |
9 550 |
|
Less:Tax 10% |
0 |
0 |
369 844 |
369 844 |
691 |
95 5 |
|
Net Profit after tax |
0 |
0 |
3 328 596 |
3 328 596 |
6 219 |
8 595 |
1.1. Financial Plan - 5-year in EUR in selling 50% of LC, rental of 50% of LC and further management:
1.1.1. Sales revenue by types of areas:
- Storage areas - 630 euro / sq. m. without vat;
- Office areas - 810 euro / sq. m. without vat;
- Commercial spaces - 945 euro / sq. m. without vat;
- Underground parking - 445 euro / sq. m. vat;
1.1.2. Income from renting by types of areas:
- Storage areas – 4,17 euro / sq. m. without vat;
- Office areas – 5 euro / sq. m. without vat;
- Commercial spaces – 12 euro / sq. m. without vat;
- Underground parking – 3 euro / sq. m. without vat;
1.1.3. Revenue from year Maintenance fee by types of spaces:
- Commercial spaces - - 5 euro / sq. m. without vat;
- Office areas - 2.5 euro / sq. m. without vat;
- Storage areas and underground parking spaces - 1,5 euro / sq.m. vat;
- Revenue from maintenance fees for one year after the sale of 100% (7th year) - increased by 10% for each subsequent year;
|
Year |
1 |
2 |
3 |
4 |
5 |
Total |
6 |
Total |
7 |
|
Sales/ Rent/ Мaintenance fee |
0 |
0 |
3 832 215+ 29 250+ 24 010= 3 885 475 |
32 175+ 24 010= 56 185 |
35 395+ 24 010= 59 605 |
4 001 265 |
4 292 080+ 24 010= 4 316 090
|
8 317 355 |
26 410 |
|
Less:Cost of Sales |
0 |
0 |
3 300 000+363 000= 3 663 000 |
0 |
0 |
3 663 000 |
0 |
3 663 000 |
0 |
|
Gross Profit |
0 |
0 |
222 475 |
56 185 |
59 605 |
338 265 |
4 316 090 |
4 654 355 |
26 410 |
|
Less:Overhead |
0 |
0 |
163 500 |
55 500 |
55 500 |
274 500 |
163 500 |
438 000 |
19 500 |
|
Net profit before tax |
0 |
0 |
58 975 |
685 |
4 105 |
63 765 |
4 152 590 |
4 216 355 |
6 910 |
|
Less:Tax10% |
0 |
0 |
5 898 |
69 |
411 |
6 378 |
415 260 |
421 635 |
691 |
|
Net Profit after tax |
0 |
0 |
53 077 |
616 |
3 697 |
57 390 |
3 737 330 |
3 794 720 |
6 219 |
Funding Quarterly:
|
Quarter |
Purposes |
Amount in Eur |
|
1 |
Planning, design , state and municipal taxes, construction supervision |
752 500 |
|
2 |
Marketing, office rent , advertising, insurance |
596 250 |
|
3 |
Actual construction, marketing, advertising, equipment and works |
442 250 |
|
4 |
Actual construction , works, marketing, advertising |
307 750 |
|
5 |
Actual construction , works, marketing, advertising |
294 250 |
|
6 |
Actual construction works, marketing, advertising, internal and external outside equipment sales and rental management |
296 500 |
|
7 |
Supply and installation of indoor and outdoor equipment and facilities management sales and rental |
157 250 |
|
8 |
Finishing work, training and commissioning exploitation, fees, marketing sales and rental |
153 250 |
|
Total |
|
3 000 000 |
Owner of the investment project and the terrain for its construction (330 000) - holding in a joint venture - 50%;
Investor with the amount of future investment (3 million Euro) - holding in a joint venture 50%;
First and second years - the realization of the investment and construction of the project;
3rd years - realizing incomes from the sale of 50% of the constructed project, income from the rental the remaining 50% of the constructed project and revenue from annual management fee of 50% of the sold-built project. Of those revenues the investor gets and recover the amount of the investment plus 10% profit (3.3 million Euro), the owner does the same with the amount of his financials contributions (363 000 Euro).
Of the remaining revenue for the third year shall be deducted overhead costs then the rest of the income is subject to corporate tax in BG (10%) and the remaining net profit shall be distributed between the parties according to their shareholding, ie is distributed evenly - 50/50;
In the remaining years of partnership to six years including the proposed financing plan income received and net profit, respectively, will also be distributed among the parties in proportion 50/50;
In the seventh successive years the revenue from annual maintenance fee to Logistics center increased by 10% and net profit will accrue to the country that will continue the management of the Logistics Center.
Funds needed for further financing of the project: Please log in to see the price Euro -/Construction and Furnishing/
Participation of future co-investor, at least 50%
The price of the entire project is Please log in to see the price Euro